Property description

Belvoir! Sheffield are pleased to offer this TWO bedroom first floor FLAT located in Park Grange Mount, near NORFOLK PARK. 

With a good size dual aspect open plan living area opening to a balcony and with a fitted kitchen with integrated appliances, two double bedrooms, family bathroom and separate utility room, the property would be an ideal first buy or a rental investment.

Location - The property forms part of this purpose built development, located just off Park Grange Road. It is very conveniently placed for the City centre which is approximately a mile and a half away and easily accessible by the tram stop a few minutes walk from the door. Norfolk Heritage Park which is a 30-hectare park with tree-lined avenues, ancient woodlands, playgrounds, sports areas and a cafe is close by.

Communal Entrance - The secure doorway with intercom gives access to the stairs to the first floor

Flat Hallway - Front door opens up to the internal hallway giving access to all rooms.

Living / Dining Area - The spacious living area next to the kitchen has patio doors to a small balcony and a further window filling the room with light. Neutral decor and carpets; radiators, TV, phone and internet points.

Kitchen Area - A comprehensive range of wall and base units in beech effect are arranged in an U shape finished with a worktop with one and a half sink and drainer and a splash-back to the cooking area. There are integrated appliances including oven, gas hob, extractor and integrated fridge freezer. Double glazed window providing natural light.

Bedroom One - Double bedroom with neutral carpet, radiator and double glazed window.

Bedroom Two - Second double bedroom with neutral carpet, radiator and double glazed window.

Bathroom - Comprising a white bath with shower over, toilet and sink. The bathroom is partially tiled in white with blue inset. Obscure double glazed window and extractor fan.

Utility Room - Small utility room housing gas central heating boiler and useful base fitted unit with with inset sink, plumbing for washing machine. Extractor fan.

Additional Information - Current Rent: £525 pcm
Annualised Rent: £6300 pa
Return on Capital: 13.5 % (assume 25% cash deposit and an interest only BTL mortgage at approx 3.5%) before service charges and management charges
Tenure: Leasehold Until: 2128
Service charges: Approximately £816 p/a *
Ground rent: £60 p/a *
Council Tax Band: A
Approximate Size: 506 sq ft
Vacant possession with two months notice
* As advised by the vendor

Disclaimers And Advice - All measurements are approximate. None of the services, fittings or appliances (if any), heating installations, plumbing or electrical systems have been tested and no warranty is given as to their working ability.

If you already have or are considering purchasing a property to let, please contact us for specialist advice.

Property Features :

• Two double bedrooms
• Open plan kitchen/ lounge area
• Balcony
• Allocated parking space
• Near the park
• Utility room
• On tram route
• EPC Rating - B 85